Nigerian dating scams 2016
Fraudulent acts may involve access to the victims' money, bank accounts, credit cards, passports, e-mail accounts, or national identification numbers or by getting the victims to commit financial fraud on their behalf.
Letters are exchanged between the scammer and victim until the scammer feels they have groomed the victim enough to ask for money.
These pictures have been abused by scammers for many years, and in spite of warnings on many scamlists, they STILL keep resurfacing over and over again.
The scam usually ends when the victim realizes they are being scammed or stops sending money.
Victims can be highly traumatized by this and are often very embarrassed and ashamed when they learn they have become a victim of a scam and that the romance was a farce.
For the first time, the Australian Competition and Consumer Commission (ACCC) has collated its scam data with the Australian Cybercrime Online Reporting Network (ACORN) to give a clearer picture of just how much Australians are being ripped off.
ACCC deputy chair Delia Rickard said the combined data showed investment scams caused million in losses, with .3 million lost by victims over the age of 55."Investment scams come in many different guises including business ventures, superannuation schemes, managed funds and the sale or purchase of shares or property," she told the ABC."One of the reasons is Australia has been in a low interest rate environment for quite some period now, and retirees or those approaching retirement are really concerned about how they can grow their retirement fund, so we think that may be making them more vulnerable to scams."We also think that scammers target countries like Australia, they're aware of our superannuation schemes, they realise people have money to invest later in life and that we're a wealthy country."Dating and romance scams are still causing big headaches for victims and authorities, with million lost last year.